Excellent squid catches and recorded landings this year have helped Premier Fishing & Brands Limited achieve a 40% increase in full year net profit thanks largely to the acquisition of the Port Elizabeth-based fishing company, Talhado. The deal finalised in May, saw the squid fleet increase from four to 22 vessels and operating profit jump more than 400% for the squid division.
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A Shipwreck, Lost Treasure and Lessons for Lawyers …
Not a fishing story but definitely a fascinating read written by Carmel Rickard who writes the content for LegalBrief.
Preferential Access for Small-scale Co-operatives
Small-scale co-operatives can expect preferential access to public works facilities in the future.
This is according to the Ministers of the Department of Forestry, Fisheries...
Squid Appeals Review Starts
Yesterday, small-scale fishers from the Eastern Cape presented themselves at the Western Cape High Court in Cape Town to face the industrial squid fishing association, SASMIA, which wants appeals decisions taken by the Minister reversed.
Terrasan, Sea Harvest Deal Concluded
Sea Harvest Pelagic Fishing Proprietary Limited's acquisition of Terrasan Beleggings Proprietary Limited has been confirmed and concluded.
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